Category Archives: global economy

Talk about a new world order

Graphics, it seems, can be worth just as many words as pictures. This graphic (click link), compiled by Economist, is worth all 1,000. It shows the global winners and losers in growth and contraction since the monetary meltdown of 2007, … Continue reading

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Putting America’s future in the hands of the class dunce

So let me get this straight: I’m going to see many thousands of dollars in my retirement portfolio wiped out today because an arguably incompetent ratings agency called Standard & Poor’s decided to downgrade the U.S. debt? That action raises … Continue reading

Posted in debt downgrade, deficit, defitics, global economy, S. & P., Uncategorized | Tagged , , , | Leave a comment